Velocity Gaming's Owner Reveals Monthly Expense of the Organization
Is it on the higher end of the spectrum?
The upcoming Valorant Challengers League South Asia (VCL SA) has resulted in multiple organizations from the region undergoing roster changes to boster their lineups for the competition that awaits them.
Velocity Gaming is the latest team to change its Valorant lineup for the 2023 season. The Indian powerhouse has signed international players Domagoj "Doma" Fancev and Adam "ec1s" Eccles, who replaced Anuj "Amaterasu" Sharma and Saksham "Deadly10" Aurangabadkar on the active roster.
The expenditure related to this overhaul has not been disclosed publicly but during a recent livestream session, Manoj "SENTINEL" Kasyap - Owner of Velocity Gaming, did go on to reveal the monthly cash burn of the organization.
VLT Sentinels reveals the monthly cash burn of Velocity Gaming
Signing international players and expanding to other esports titles does come with a hefty price tag attached to it but the numbers never reach the public domain. However, there are times when a round figure is obtained either through research or via a member of the organization.
Velocity Gaming has made a lot of noise with some its recent moves like expanding to New State Mobile with a roster announcement currently in the works and adding two top-tier Valorant players to strengthen the team for VCL SA.
Sentinel provided a ballpark figure of Velocity's monthly cash burn during a recent livestream. According to him, the organization is spending about INR 25,00,000 to INR 30,00,000 ($30,255 to $36,306 USD) on a monthly basis to keep everything running.
"Right now it is estimated to be around, estimate because few things still need to be finalized. We are estimating it to be around 25 to 30 lacs a month," says Sentinel.
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Sentinel did not go into a lot of detail concerning this query, so a lot of doubts still exist but at least community members now have a rough figure of how much Velocity Gaming is currently spending every single month to keep the organization running.
On paper, they now have the strongest Valorant lineup within South Asia and should be the favorites to win the VCL SA. Only time will tell if this translates into strong performances within the server or does the team fail to live up to its reputation and all the hype.